Satellite and Space Market By Type (Large Satellite,Mini Satellite, Micro Satellite, Nano Satellite) By End User (Commercial, Civil, Government) By Application(Scientific Research, Technology Demonstration and Verification, Earth Observation and Remote Sensing, Scientific Research, Communication) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 10328 | Report Format : PDF

About this report

The Global Satellite and Space Market report examines a significant satellite and space industry analysis based on key parameters. This report consists of investment strategies, investment needs in the satellite and space industries, and the multiple benefits they bring to investors. Importantly, this report explores the significant changes in global technology regulations affecting the satellite and space industries and how economic and non-economic barriers support the growth of the satellite and space markets. Outlined. In addition, this report analyzes historical and forecast market sizes at the global, regional, and country levels. In-depth analyses of important investment propositions, the demand-supply gap, competition positioning, and STAR, SRC, and Tornado analyses are also included in the research. Porter’s Five Forces Analysis, PESTEL Analysis, and Value Chain Analysis are notable analyses and significant technological advancements.

 

REPORT ATTRIBUTE DETAILS
Satellite and Space Market by Volume Yes
Market by Value Yes
Market, Tornado Analysis Yes
Market, STAR Analysis Yes
Market, S.R.C. Analysis Yes
Market, Import-Export Data Yes (On Demand)
Market Pricing Analysis Yes (On Demand)
Market Segment Analysis By Type (Mini Satellite, Large Satellite, Micro Satellite, and Nano Satellite)

By End User (Civil, Commercial, Government, and Others)

By Application (Earth Observation and Remote Sensing, Scientific Research, Technology Demonstration and Verification, Scientific Research, and Communication)

Market, Regional Analysis North America (U.S. and Canada)

Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East and Africa (G.C.C. Countries, South Africa, and Rest of Middle East and Africa)

Market Key Companies Intelsat, S.E.S. S.A., Eutesat Communications S.A., Airbus S.A.S., Lockheed Martin Corporation, Thales Group, Boeing, Orbital Sciences Corporation, Millennium Space Systems, Inc., and Planet Labs Inc.
Market Competitive Landscape Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

 

Key Highlights of the Report

Key segments performance of satellite and space market

  • In 2021, large satellites dominated the type segment due to the increasing demand for large satellites as they are suitable for communication technologies, remote sensing, and others.
  • In 2021, the commercial mode led the end-user segment and was dominated due to the increasing demand for satellite-based commercial applications such as monitoring and observations.
  • In 2021, earth observation and remote sensing captured the highest market share in the application segments, and demand growth is predicted as the focus on remote technologies increases.
Design Element 2

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CTA Design Element 3

Which region dominated the satellite and space market?

In 2021, the North American region dominated the market for satellites and space, which also held the largest market share. The increasing investments in satellite development and the presence of major manufacturers are the driving factors behind expanding the satellite and space markets in North America. The rising investments by the government in technological sectors are also expected to grow, especially in the satellite and space markets. Furthermore, the rising research and development activities by NASA are a major driver of the anticipated increase in the satellite and space market in the North American region.

US market performing in the satellite and space market

Due to the presence of numerous space research institutions like NASA and others that supported the expansion of the U.S. satellite and space market, the U.S. market generated the highest revenue in the North American satellite and space industry.

Next-Generation Networking Technologies

Competitive environment of the satellite and space market

The market players are collaborating to develop new technologies for the end users for various purposes, such as satellite communication, earth observation, and others. For instance, in August 2021, the launch of a supply flight carrying in-space manufacturing to create industrial-scale zero-gravity human tissue microcultures for terrestrial study and medicine is anticipated by Airbus Defense and Space and the Space Hub of the University of Zurich (U.Z.H.). On I.S.S. 18, the initial preparatory tests were performed a month ago.

Executive Summary

Technological advancements made in the global market for satellites and space

The market players are developing various innovations to improve satellites’ capabilities, which support the growth of many industries. For instance, in January 2021, SpaceX launched a Falcon 9 rocket from Cape Canaveral carrying 143 miniature satellites. Satellite producers could reduce the size of the satellites while boosting their functioning due to the advancement of space technology. Similarly, in June 2021, the EUTELSAT Quantum satellite was built and sent to Airbus Defense and Space’s facility in Kourou, French Guiana, where it will be launched by an Ariane 5 rocket. The great degree of customization and flexibility in inter-orbital maneuvers, together with the improvement of supply services due to previously unheard-of in-orbit configurability in terms of power, coverage, and frequency, will revolutionize the commercial satellite industry. Thus, these launches of innovative satellites are expected to support market growth during the forecast timeframe.

Key investments by the players in the satellite and space markets

The market players and governments of many countries are investing heavily in space programs to enhance defense capabilities, which aids the growth of the satellite and space markets. For instance, in May 2021, United Launch Alliance (ULA) launched the fifth satellite of the U.S. Space Force’s Space-Based Infrared System. The Lockheed Martin-built $1 billion satellite is intended to recognize and monitor missile launch plumes worldwide with its onboard infrared sensors. The U.S. will be able to get ready for any impending attacks thanks to its capabilities.

Some major players in the market are Intelsat, S.E.S. S.A., Eutesat Communications S.A., Airbus S.A.S., Lockheed Martin Corporation, Thales Group, Boeing, Orbital Sciences Corporation, Millennium Space Systems, Inc., and Planet Labs Inc.

Main market drivers for satellites and space

The rising need for mobile satellite services and small satellites for earth observation services around the energy, defense, and agriculture industries are factors increasing the space and satellite market’s growth. Additionally, satellites are usually artificial machines set to orbit Earth from space and provide functionality. The increasing demand for satellites from commercial, government, and other sectors is expected to increase due to the satellite technologies used by military forces across the globe to increase their defense resources. Furthermore, the increasing financial support by the government for research and development is also a major factor in the satellite and space market’s growth.

Major risks for the satellite and space market

The high cost associated with the components is the major restraint on the satellite and space market. The high cost is required for new space network stations and relevant space infrastructure. Moreover, the instability of satellite and space prices is also a factor that restrains the satellite and space market’s growth during the forecast period.

Key end user in the satellite and space market

The end users of satellites and space are classified into commercial, civil, government, and others. The commercial mode led the end-user segment, which is dominated due to the increasing demand for satellite-based commercial applications such as monitoring and observation, remote sensing, and other applications. Furthermore, the government segment has also seen significant growth due to rising government spending on manufacturing, which is expected to grow during the forecast period.

Satellite and space market performance in different regions

In 2021, the North American region dominated the market for satellites and space, which also held the largest market share. These reasons for the growth of North America’s satellites and space market are the increasing investments in the development of satellites and the presence of key manufacturers. The rising investments by the government in technological sectors are also expected to grow, especially in the satellite and space markets. Furthermore, the rising research and development activities by NASA are a major driver of the expected increase in the satellite and space market in the North American region.

Asia Pacific accounts for the largest share of the satellite and space market. The Asia Pacific region is a valuable market for leading the satellite and space markets due to the increasing demand for satellites in countries such as India, Japan, and China. Furthermore, the Indian Space Research Organization plans to launch some major satellites, such as ten earth observation satellites and two navigation satellites. These factors contribute to the growth of the satellite and space markets in the Asia Pacific region.

Regulatory landscape for the satellite and space market

Many countries’ governments support it. In addition, the regulations on market players are limited, which supports the growth of companies and developments in the market. For instance, the U.S. government established a U.S. Space Command, which consists of a Space Operations Force and a Space Development Agency, in December 2019 as part of the National Defense Authorization Act for 2020. The U.S. Military Department and the aerospace and defense industries will undoubtedly profit from this move, enabling more concentrated and expedited investment in ground-breaking technologies and capabilities.

Market Size of Satellite and Space regarding value

The global satellite and space market is anticipated to grow at a substantial CAGR of 6.10% in the upcoming years. The global satellite and space market was estimated to be worth USD 3057.56 million in 2021 and was expected to be worth USD 4361.81 million by 2028.

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Future plans of leading satellite and space market companies

The prominent market players are collaborating and developing new satellites in the current scenario and are expected to launch more satellites into the earth’s orbit for various purposes, which support the growth of companies and the market. For instance, in January 2021, the U.S. Space Force awarded Lockheed Martin a USD 4.9 billion contract to construct advanced missile warning satellites. The satellites will keep an eye on the planet from a geosynchronous orbit, 22,000 miles (36,000 kilometers) above the surface.

Segmentation of Global Satellite and Space Market-

Global Satellite and Space Market – By Type

  • Large Satellite
  • Mini Satellite
  • Micro Satellite
  • Nano Satellite

Global Satellite and Space Market – By End User

  • Commercial
  • Civil
  • Government
  • Others

Global Satellite and Space Market – By Application

  • Scientific Research
  • Technology Demonstration and Verification
  • Earth Observation and Remote Sensing
  • Scientific Research
  • Communication

Global Satellite and Space Market – By Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • C.C. Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Satellites and Space Market
2.2. Global Satellites and Space Market, By Type
2.3. Global Satellites and Space Market, By End User
2.4. Global Satellites and Space Market, By Application
2.5. Global Satellites and Space Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Satellites and Space Market Value, 2016-2028, (US$ Mn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. End User
3.3.3. Application
3.3.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Scientific reasearch Marketing
4.5.2. Technology Demonstration and Verification Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted By Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID-19 Impact Analysis
6.1. Global Satellites and Space Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Satellites and Space Market
7.1. Global Satellites and Space Market, By Type, 2016-2028(US$ Mn)
7.1.1. Overview
7.1.2. Global Satellites and Space Market, By Type, 2021 vs 2028 (in%)
7.1.3. Global Satellites and Space Market, By Large satellite, 2016-2028 (US$ Mn)
7.1.4. Global Satellites and Space Market, By Mini satellite, 2016-2028 (US$ Mn)
7.1.5. Global Satellites and Space Market, By Micro Satellite, 2016-2028 (US$ Mn)
7.1.6. Global Satellites and Space Market, By Nano Satellite, 2016-2028 (US$ Mn)
7.2. Global Satellites and Space Market, By End User, 2016-2028(US$ Mn)
7.2.1. Overview
7.2.2. Global Satellites and Space Market, By End User, 2021 vs 2028 (in%)
7.2.3. Global Satellites and Space Market, By Commercial, 2016-2028 (US$ Mn)
7.2.4. Global Satellites and Space Market, By Civil, 2016-2028 (US$ Mn)
7.2.5. Global Satellites and Space Market, By Government, 2016-2028 (US$ Mn)
7.2.6. Global Satellites and Space Market, By Others, 2016-2028 (US$ Mn)
7.3. Global Satellites and Space Market, By Application, 2016-2028(US$ Mn)
7.3.1. Overview
7.3.2. Global Satellites and Space Market, By Application, 2021 vs 2028 (in%)
7.3.3. Global Satellites and Space Market, By Scientific research, 2016-2028 (US$ Mn)
7.3.4. Global Satellites and Space Market, By Technology Demonstration and Verification, 2016-2028 (US$ Mn)
7.3.5. Global Satellites and Space Market, By Earth Observation and remote sensing, 2016-2028 (US$ Mn)
7.3.6. Global Satellites and Space Market, By Scientific Research, 2016-2028 (US$ Mn)
7.3.7. Global Satellites and Space Market, By Communication, 2016-2028 (US$ Mn)

8. North America Satellites and Space Market Analysis
8.1. North America Satellites and Space Market, By Type, 2016-2028(US$ Mn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Satellites and Space Market, By End User, 2016-2028(US$ Mn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Satellites and Space Market, By Application, 2016-2028(US$ Mn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
8.4.1. U.S.
8.4.1.1. U.S. Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
8.4.1.2. U.S. Satellites and Space, By Type, 2016-2028 (US$ Mn)
8.4.1.3. U.S. Satellites and Space, By End User, 2016-2028 (US$ Mn)
8.4.1.4. U.S. Satellites and Space, By Application, 2016-2028 (US$ Mn)
8.4.2. Canada
8.4.2.1. Canada Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
8.4.2.2. Canada Satellites and Space, By Type, 2016-2028 (US$ Mn)
8.4.2.3. Canada Satellites and Space, By End User, 2016-2028 (US$ Mn)
8.4.2.4. Canada Satellites and Space, By Application, 2016-2028 (US$ Mn)

9. Europe Satellites and Space Market Analysis
9.1. Europe Satellites and Space Market, By Type, 2016-2028(US$ Mn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Satellites and Space Market, By End User, 2016-2028(US$ Mn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Satellites and Space Market, By Application, 2016-2028(US$ Mn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
9.4.1. Germany
9.4.1.1. Germany Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.1.2. Germany Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.1.3. Germany Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.2. Germany Satellites and Space, By Application, 2016-2028 (US$ Mn)
9.4.3. France
9.4.3.1. France Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.3.2. France Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.3.3. France Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.3.4. France Satellites and Space, By Application, 2016-2028 (US$ Mn)
9.4.4. UK
9.4.4.1. UK Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.4.2. UK Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.4.3. UK Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.4.4. UK Satellites and Space, By Application, 2016-2028 (US$ Mn)
9.4.5. Italy
9.4.5.1. Italy Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.5.2. Italy Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.5.3. Italy Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.5.4. Italy Satellites and Space, By Application, 2016-2028 (US$ Mn)
9.4.6. Spain
9.4.6.1. Spain Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.6.2. Spain Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.6.3. Spain Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.6.4. Spain Satellites and Space, By Application, 2016-2028 (US$ Mn)
9.4.7. Rest of Europe
9.4.7.1. Rest of Europe Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.7.2. Rest of Europe Satellites and Space, By Type, 2016-2028 (US$ Mn)
9.4.7.3. Rest of Europe Satellites and Space, By End User, 2016-2028 (US$ Mn)
9.4.7.4. Rest of Europe Satellites and Space, By Application, 2016-2028 (US$ Mn)

10. Asia Pacific Satellites and Space Market Analysis
10.1. Asia Pacific Satellites and Space Market, By Type, 2016-2028(US$ Mn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Satellites and Space Market, By End User, 2016-2028(US$ Mn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Satellites and Space Market, By Application, 2016-2028(US$ Mn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
10.4.1. China
10.4.1.1. China Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.1.2. China Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.1.3. China Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.1.4. China Satellites and Space, By Application, 2016-2028 (US$ Mn)
10.4.2. Japan
10.4.2.1. Japan Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.2.2. Japan Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.2.3. Japan Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.2.4. Japan Satellites and Space, By Application, 2016-2028 (US$ Mn)
10.4.3. India
10.4.3.1. India Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.3.2. India Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.3.3. India Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.3.4. India Satellites and Space, By Application, 2016-2028 (US$ Mn)
10.4.4. South Korea
10.4.4.1. South Korea Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.4.2. South Korea Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.4.3. South Korea Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.4.4. South Korea Satellites and Space, By Application, 2016-2028 (US$ Mn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.5.2. South-East Asia Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.5.3. South-East Asia Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.5.4. South-East Asia Satellites and Space, By Application, 2016-2028 (US$ Mn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.6.2. Rest of Asia Pacific Satellites and Space, By Type, 2016-2028 (US$ Mn)
10.4.6.3. Rest of Asia Pacific Satellites and Space, By End User, 2016-2028 (US$ Mn)
10.4.6.4. Rest of Asia Pacific Satellites and Space, By Application, 2016-2028 (US$ Mn)

11. Latin America Satellites and Space Market Analysis
11.1. Latin America Satellites and Space Market, By Type, 2016-2028(US$ Mn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Satellites and Space Market, By End User, 2016-2028(US$ Mn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Satellites and Space Market, By Application, 2016-2028(US$ Mn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
11.4.1. Brazil
11.4.1.1. Brazil Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.1.2. Brazil Satellites and Space, By Type, 2016-2028 (US$ Mn)
11.4.1.3. Brazil Satellites and Space, By End User, 2016-2028 (US$ Mn)
11.4.1.4. Brazil Satellites and Space, By Application, 2016-2028 (US$ Mn)
11.4.2. Mexico
11.4.2.1. Mexico Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.2.2. Mexico Satellites and Space, By Type, 2016-2028 (US$ Mn)
11.4.2.3. Mexico Satellites and Space, By End User, 2016-2028 (US$ Mn)
11.4.2.4. Mexico Satellites and Space, By Application, 2016-2028 (US$ Mn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.3.2. Rest of Latin America Satellites and Space, By Type, 2016-2028 (US$ Mn)
11.4.3.3. Rest of Latin America Satellites and Space, By End User, 2016-2028 (US$ Mn)
11.4.3.4. Rest of Latin America Satellites and Space, By Application, 2016-2028 (US$ Mn)

12. Middle East and Africa Satellites and Space Market Analysis
12.1. Middle East and Africa Satellites and Space Market, By Type, 2016-2028(US$ Mn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Satellites and Space Market, By End User, 2016-2028(US$ Mn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Satellites and Space Market, By Application, 2016-2028(US$ Mn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries il Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.1.2. GCC Countries Satellites and Space, By Type, 2016-2028 (US$ Mn)
12.4.1.3. GCC Countries Satellites and Space, By End User, 2016-2028 (US$ Mn)
12.4.1.4. GCC Countries Satellites and Space, By Application, 2016-2028 (US$ Mn)
12.4.2. South Africa
12.4.2.1. South Africa Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.2.2. South Africa Satellites and Space, By Type, 2016-2028 (US$ Mn)
12.4.2.3. South Africa Satellites and Space, By End User, 2016-2028 (US$ Mn)
12.4.2.4. South Africa Satellites and Space, By Application, 2016-2028 (US$ Mn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Satellites and Space Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.3.2. Rest of Middle East and Africa Satellites and Space, By Type, 2016-2028 (US$ Mn)
12.4.3.3. Rest of Middle East and Africa Satellites and Space, By End User, 2016-2028 (US$ Mn)
12.4.3.4. Rest of Middle East and Africa Satellites and Space, By Application, 2016-2028 (US$ Mn)

13. Company Profiles
13.1. McCormick & Company, Inc.
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis

13.2. Intelsat
13.3. SES S.A.
13.4. Eutesat Communication S.A.
13.5. Lockheed Martin Corporation
13.6. Airbus S.A.S.
13.7. Boeing
13.8. Thales Group
13.9. Orbital Sciences Corporation
13.10. Planet Labs Inc.
13.11. Millennium Space Systems Inc.

List of Figures

Global Satellites and Space Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Satellites and Space Market Segmentation
FIG. 4 Global Satellites and Space Market, By Type, 2021 (US$ Mn)
FIG. 5 Global Satellites and Space Market, By End User, 2021 (US$ Mn)
FIG. 6 Global Satellites and Space Market, By Application, 2021 (US$ Mn)
FIG. 7 Global Satellites and Space Market, By Geography, 2021 (US$ Mn)
FIG. 8 Attractive Investment Proposition, By Type, 2021
FIG. 9 Attractive Investment Proposition, By End User, 2021
FIG. 10 Attractive Investment Proposition, By Application, 2021
FIG. 11 Attractive Investment Proposition, By Geography, 2021
FIG. 12 Global Market Share Analysis of Key Satellites and Space Market Manufacturers, 2021
FIG. 13 Global Market Positioning of Key Satellites and Space Market Manufacturers, 2021
FIG. 14 Global Satellites and Space Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 15 Global Satellites and Space Market, By Large satellite, Value, 2016-2028 (US$ Mn)
FIG. 16 Global Satellites and Space Market, By Mini satellite, Value, 2016-2028 (US$ Mn)
FIG. 17 Global Satellites and Space Market, By Micro Satellite, Value, 2016-2028 (US$ Mn)
FIG. 18 Global Satellites and Space Market, By Nano Satellite, Value, 2016-2028 (US$ Mn)
FIG. 19 Global Satellites and Space Market Value Contribution, By End User, 2021 & 2028 (Value %)
FIG. 20 Global Satellites and Space Market, By Commercial, Value, 2016-2028 (US$ Mn)
FIG. 21 Global Satellites and Space Market, By Civil, Value, 2016-2028 (US$ Mn)
FIG. 22 Global Satellites and Space Market, By Government, Value, 2016-2028 (US$ Mn)
FIG. 23 Global Satellites and Space Market, By Others, Value, 2016-2028 (US$ Mn)
FIG. 24 Global Satellites and Space Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 25 Global Satellites and Space Market, By Scientific reasearch, Value, 2016-2028 (US$ Mn)
FIG. 26 Global Satellites and Space Market, By Technology Demonstration and Verification, Value, 2016-2028 (US$ Mn)
FIG. 27 Global Satellites and Space Market, By Earth observation and remote sensing, Value, 2016-2028 (US$ Mn)
FIG. 28 Global Satellites and Space Market, By Scientific research, Value, 2016-2028 (US$ Mn)
FIG. 29 Global Satellites and Space Market, By Communication, Value, 2016-2028 (US$ Mn)
FIG. 30 U.S. Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 31 Canada Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 32 Germany Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 33 France Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 34 U.K. Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 35 Italy Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 36 Spain Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 37 Rest of Europe Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 38 China Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 39 Japan Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 40 India Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 41 South Korea Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 42 Southeast Asia Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 43 Rest of Asia Pacific Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 44 Latin America Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 45 Brazil Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 46 Mexico Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 47 Rest of Latin America Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 48 Middle East & Africa Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 49 GCC Countries Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 50 South Africa Satellites and Space Market, 2016-2028 (US$ Mn)
FIG. 51 Rest of Middle East and Africa Satellites and Space Market, 2016-2028 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Satellites and Space Market
TABLE 2 Global Satellites and Space Market, By Competitive Benchmarking, 2021
TABLE 3 Global Satellites and Space Market, By Geographical Presence Analysis, 2021
TABLE 4 Global Satellites and Space Market, By Key Strategies Analysis, 2021
TABLE 5 Global Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 6 Global Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 7 Global Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 8 Global Satellites and Space Market, By Geography, 2016-2028 (US$ Mn)
TABLE 9 North America Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 10 North America Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 11 North America Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 12 North America Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
TABLE 13 US Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 14 US Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 15 US Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 16 Canada Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 17 Canada Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 18 Canada Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 19 Europe Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 20 Europe Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 21 Europe Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 22 Europe Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
TABLE 23 Germany Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 24 Germany Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 25 Germany Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 26 France Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 27 France Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 28 France Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 29 UK Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 30 UK Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 31 UK Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 32 Italy Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 33 Italy Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 34 Italy Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 35 Spain Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 36 Spain Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 37 Spain Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 38 Rest of Europe Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 39 Rest of Europe Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 40 Rest of Europe Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 41 Asia Pacific Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 42 Asia Pacific Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 43 Asia Pacific Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 44 Asia Pacific Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
TABLE 45 China Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 46 China Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 47 China Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 48 Japan Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 49 Japan Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 50 Japan Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 51 India Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 52 India Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 53 India Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 54 South Korea Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 55 South Korea Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 56 South Korea Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 57 South East Asia Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 58 South East Asia Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 59 South East Asia Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 60 Rest of Asia Pacific Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 61 Rest of Asia Pacific Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 62 Rest of Asia Pacific Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 63 Latin America Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 64 Latin America Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 65 Latin America Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 66 Latin America Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
TABLE 67 Brazil Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 68 Brazil Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 69 Brazil Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 70 Mexico Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 71 Mexico Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 72 Mexico Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 73 Rest of Latin America Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 74 Rest of Latin America Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 75 Rest of Latin America Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 76 Middle East and Africa Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 77 Middle East and Africa Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 78 Middle East and Africa Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 79 Middle East and Africa Satellites and Space Market, By Country, 2016-2028 (US$ Mn)
TABLE 80 GCC Countries Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 81 GCC Countries Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 82 GCC Countries Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 83 South Africa Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 84 South Africa Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 85 South Africa Satellites and Space Market, By Application, 2016-2028 (US$ Mn)
TABLE 86 Rest of Middle East and Africa Satellites and Space Market, By Type, 2016-2028 (US$ Mn)
TABLE 87 Rest of Middle East and Africa Satellites and Space Market, By End User, 2016-2028 (US$ Mn)
TABLE 88 Rest of Middle East and Africa Satellites and Space Market, By Application, 2016-2028 (US$ Mn)

Frequently Asked Questions

Which key factors will influence the Satellite and Space market growth over 2021-2028?

The rising need for mobile satellite services and small satellites for earth observation services around the energy, defense, and agriculture industries are factors to increase the space and satellite market growth.

What will be the value of the Satellite and Space market during 2021-2028?

The global Satellites and Space market was estimated to be worth USD 3057.56 million in 2021 and was expected to be worth USD 4361.81 million by 2028.

Which region will contribute notably towards the Satellite and Space market value?

North American region dominated the Satellites and Space market in 2021.

Which are the significant players leveraging the Satellite and Space market growth?

Some major players in the market are Intelsat, S.E.S. S.A., Eutesat Communications S.A., Airbus S.A.S., Lockheed Martin Corporation, Thales Group, Boeing, Orbital Sciences Corporation, Millennium Space Systems, Inc., and Planet Labs Inc.

Which is the major type segment in the Satellite and Space market?

In 2021, large Satellites dominated the type segment due to the increasing demand for large satellites as they are suitable for communication technologies, remote sensing, and others.

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